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Home > How Much Money Can You Claim in a Car Accident Case?

How Much Money Can You Claim in a Car Accident Case?

How Much Money Can You Claim in a Car Accident Case?

You have a right to just compensation for the harm you and your property sustained in an automobile accident. The main issue, though, is how to define what “fairly” actually means. It’s not as simple as some may have you believe to calculate this amount and then obtain it. It could be challenging to quantify some damages, such as potential future medical costs. Other harms, such as emotional distress, might vary greatly depending on the person you speak with. It might not be quite evident who is to blame for the accident itself.

Calculating automobile accident settlements may be challenging, tedious, and frequently more effort than anticipated for people without expertise due to all these elements and more. And the insurance provider you’re battling will not hesitate to profit from your inexperience.

We will discuss how settlement values are determined in this article, along with the kinds of damages that could be involved, how carelessness enters the picture, and the reasons why the amount you can ultimately obtain isn’t necessarily the same as your estimated losses.

If you’ve been involved in a car accident, it is highly recommended that you seek out the assistance of a car accident attorney after seeking medical attention. While filing a claim to your car insurance company is relatively straightforward, they can find reasons to deny your claim or offer a very low and unsatisfactory amount of money. An auto accident attorney has the experience and knowledge to help you receive the settlement money you deserve.

How Much is Your Car Accident Case Worth?

Settlements for car accidents can be in the thousands or millions of dollars. In Connecticut, the minimum payout is $25,000 per person for car accident-induced injuries. However, there is never a situation precisely like another; the specifics of the accident, the kind of injuries sustained, and how they affect the victim’s life are all different.

The concept of an average settlement isn’t especially helpful for these and other reasons. Depending on a variety of variables, your case can be valued much more or significantly less. As a result, automated tools like online settlement calculators are not only inaccurate but also could put claimants in peril if they rely on them to submit a claim.

Accurate damage assessment takes into consideration the human condition. Unfortunately, for accident victims, especially as they heal from major injuries, it may also become highly confusing and frequently overwhelming. Because of this, it is even more crucial to hire a personal injury attorney with expertise.

You may be sure you are not overlooking any information that could help you obtain the just compensation you are entitled to by working with an expert attorney. A lawyer can also prevent you from overvaluing your claim and running the danger of needless delays or rejections. Personal injury attorneys can help you optimize your financial recovery by finding potential insurance coverage sources and calculating damages you might not even be aware of.

What Are Some Types of Car Accident Damages That You Can Recieve?

Any vehicle accident claim’s worth must be determined by taking into account the many sorts of damages the injured party is entitled to and adding up their individual values. However, when it comes to their specific amount, many of these damages are not always clear-cut. Some merely need basic addition (like the medical costs you’ve already paid for), while others are considerably more individualized and challenging to predict.

Damages That Are Economic

Usually, economic losses are the simplest to quantify and comprehend. Economic damages have immediate financial repercussions that are simple to monitor and frequently already have a specific dollar amount attached to them. However, some economic losses might be challenging to comprehend without previous experience since they call for understanding and forecasting future expenses and lost potential.

Medical bills and future medical expenditures, missed income and lost future earning potential, costs associated with property damage, and lost business prospects are a few examples of economic losses. By adding up the overall cost of these invoices and charges, economic losses are determined. However, your attorney may consult with medical professionals, financial experts, and other expert witnesses to offer precise estimates for lost earning potential and future medical expenses.

Damages That Are Not Economic

Compared to economic losses, non-economic damages are significantly more arbitrary. The extent to which the victim’s and their loved ones’ injuries directly stem from the vehicle accident and its aftereffects is determined by these damages, such as pain and suffering.

The severity of the injury, pain and suffering, loss of enjoyment of life, incapacity, physical impairment, or deformity are a few examples of non-economic damages. Non-economic damages should still be paid for even if there may not be particular medical bills or other charges involved. The difficult aspect is determining how much.

If You’re Struggling to File a Claim, Trust the Aid of a Car Accident Lawyer

Since they frequently result in significant injuries, automobile accidents are the main reason for personal injury claims nationwide. These injuries and associated losses from careless driving incidents and wrecks can put a tremendous strain on your finances and may entitle you to a sizable settlement.

The top Connecticut car wreck attorneys must represent you if you were hurt in a vehicle accident as a result of another person’s carelessness. A highly effective, knowledgeable, and compassionate Connecticut personal injury firm, Jonathan Perkins Injury Lawyers, focuses on all types of serious car accident cases and motor vehicle crash claims, including head-on collisions, hit-and-run accidents, rear-end collisions, accidents due to drunk driving, fatal car accidents, and more.

Despite the fact that you are not legally obligated to hire an injury attorney after an automobile accident for which you were not at fault, accidents may be highly complicated, and the greater the stakes, the greater your potential compensation. It could be quite helpful for you to speak with Connecticut accident injury lawyers who focus on major auto accidents, depending on your particular case.

You have nothing to lose and everything to gain by contacting the Jonathan Perkins Injury Lawyers at 203-635-0282 to find out if one of our personal injury attorneys would be helpful in your car accident case and can help determine the value of your claim. There are no costs to you, and there is no obligation to hire us after our free consultation.

Contact Our Connecticut Law Firm Now!
When is the best time to call a Connecticut lawyer? Now! No matter how big or small a vehicular accident is, you are going to need to know your rights and protect yourself. Know what the Power of Perkins can do for you when you contact our personal injury attorneys in CT today for schedule a free consultation!